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Covid-19 Crisis: URA Nets Four Manufacturers Flouting Digital Tax Stamps Protocols

Government of Uganda introduced Digital Tax Stamps, a measure intended to enhance tax compliance and to ensure that the Ugandan market has only authentic manufactured or imported products. Introduced in November 2019, manufacturers and importers are required to affix digital tax stamps onto every product manufactured or imported before distribution into the market. Six items…

Profile: Who is Rajiv Ruparelia, recognised as #Choiseul100Africa 2024 Top Young Leader

In a world where family dynasties often rest on their laurels, Rajiv Ruparelia is the exception—a vibrant force that has not only embraced his family’s legacy but expanded it with a fresh, forward-thinking approach. As the Managing Director of the Ruparelia Group, one of Uganda’s largest and most diversified conglomerates, Rajiv’s remarkable leadership and innovative…

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Just In! Energy Mafias Rock Parliament As Patriotic Young Turks Question AIGP Akullo’s Involvement In Min. Energy Corruption

Panic has rocked Parliament as renowned Parliamentarian and Lawyer Hon. Paul Akamba an Independent legislator representing Busiki County, in Namutumba District wrote to the Speaker of Parliament Rt. Hon. Rebecca Kadaga disowning his own signature as a seconder of a motion that was to be moved on the floor of Parliament on Tuesday 26th May…

Explosive! Defunct Crane Bank Ghost Haunts Troubled Dfcu Again As 2021 Provisions Continue To Eat Away Shareholder Value

When Dfcu controversially bought Crane Bank Limited (CBL) in January 2017, it immediately became one of the most profitable banks in Uganda as the former owners of CBL cried for the loss of their bank. Dfcu’s Crane bank acquisition boosted its profitability in 2017 with net profit nearly tripling to Shs127 billion, up from Shs46.…

URA Speaks Out On Massive Resignation At The Authority

The tax body, Uganda Revenue Authority (URA) has said that four senior officials resigned from the tax collection agency after a motion by a May 28 meeting of the Board of Directors who recommended “the reorganization” of the “management of the Authority.” On Saturday, Commissioner Domestic Taxes Dickson Kateshumbwa, Commissioner for Tax investigations Henry Saka,…

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